San Diego Business
Enhancements to Mortgage Capital Trading’s Industry-Leading Best Execution Services Extends Market Share
SAN DIEGO, Calif. — Mortgage Capital Trading, Inc. (MCT), an industry leading hedge advisory firm and developer of MCTlive!(TM), the award-winning secondary marketing software suite, announced that it has added a number of new features to its best execution service offering. The enhancements outpace existing competitor offerings and position MCT to capture additional business among lenders….
ReverseVision Exchange (RVX) LOS Now Offers Integrated Flood Determination from ServiceLink
SAN DIEGO, Calif. — ReverseVision, the leading provider of software and technology for the reverse mortgage industry, announced it has completed an integration with ServiceLink Flood (ServiceLink) that enables users of RV Exchange (RVX) loan origination software (LOS) to order a “life of loan” flood certification from ServiceLInk without ever leaving the RVX system. ServiceLink flood products can be ordered from within RVX as of the system’s 6.2 update….
The Mortgage Collaborative Adds 12 New Lender Members
SAN DIEGO, Calif. — The Mortgage Collaborative, the nation’s only independent mortgage lending cooperative, recently added twelve new lenders for Q4/16 to their national network of originating members, proclaimed The Collaborative’s EVP of National Sales & Strategic Alliances, Rich Swerbinsky….
HousingWire Designates Chris Anderson of MCT to its Inaugural Insiders Award List
SAN DIEGO, Calif. — Mortgage Capital Trading, Inc. (MCT), an industry leading hedge advisor and developer of MCTlive!(TM), the award-winning secondary marketing software suite, announced that its chief administrative officer, Chris Anderson, has been named to HousingWire’s inaugural Insider Awards list. The new list is designed to honor unsung heroes who are the cornerstone of every great company, whether in lending, servicing, investing or real estate….
Bank of Southern California N.A. Announces $7 Million Capital Offering
SAN DIEGO, Calif. — Bank of Southern California N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced today that it has signed a stock purchase agreement for a private placement of $7 million of the Bank’s common stock with Castle Creek Capital, based in Rancho Santa Fe, California. The transaction is anticipated to close in the fourth quarter, subject to regulatory approvals and other standard closing conditions….
MCT Lands on Inc. 5000 List of America’s Fastest-Growing Private Companies for the Sixth Year in a Row
SAN DIEGO, Calif. — Mortgage Capital Trading, Inc. (MCT), a leader in mortgage risk management providing pipeline hedging, best-execution loan sales and centralized lock desk services, announced that is has earned a spot on the Inc. 5000 list for the sixth straight year. MCT had a three-year growth rate of 62 percent and annual revenue of $11.4 million for 2015….
ReverseVision to Host UserCon 2017 February 8–10 in San Diego
SAN DIEGO, Calif. — ReverseVision, the leading provider of software and technology for the reverse mortgage industry, today announced it will host its second annual user conference Feb. 8-10, 2017, at the Hilton San Diego Resort and Spa in San Diego, Calif. ReverseVision UserCon 2017 will deliver three days of educational programming, financial product sales training, networking opportunities and vendor exhibits tailored for industry newcomers as well as seasoned reverse mortgage loan originators and operations personnel….
Mortgage Capital Trading and Fannie Mae Form Strategic Collaboration for the Benefit of Mutual Clients
SAN DIEGO, Calif. — Mortgage Capital Trading, Inc. (MCT), an industry leading hedge advisor and developer of MCTlive!(TM), the award-winning secondary marketing software suite, has entered into a strategic collaboration with Fannie Mae(R) to facilitate new technology deployment, collaborative planning, and better service to mutual clients….
Renowned Retirement Income Expert Jamie Hopkins Joins ReverseVision Board of Directors
SAN DIEGO, Calif. — ReverseVision, the leading provider of software and technology for the reverse mortgage industry, today announced that Jamie Hopkins, Esq., MBA, LLM, CLU(R), RICP(R), has joined its board of directors. A noted expert and frequent speaker on matters of financial planning and retirement income, Hopkins is also a distinguished professor who has educated thousands of financial services professionals over the course of his career….
San Diego Business Journal Names MCT to its Best Places to Work List for the Fifth Straight Year
SAN DIEGO, Calif. — Mortgage Capital Trading, Inc. (MCT), a recognized leader in mortgage risk management providing pipeline hedging, best-execution loan sales, and centralized lock desk services, announced that it has been named Best Places to Work by the San Diego Business Journal (SDBJ) for the fifth straight year….